BetMGM Announces Arizona Sports Betting License Approval

BetMGM Announces Arizona Sports Betting License Approval

BetMGM Announces Arizona Sports Betting License Approval

Company joins FanDuel, Penn National Gaming in ability to begin signing up customers Saturday

Jill R. Dorson by Jill R. DorsonAugust 26, 2021 in Regulation(Shutterstock)Share on FacebookShare on Twitter

On Thursday, BetMGM  became the third big sports betting company to announce that it had been approved for an event wagering license in Arizona. It joins FanDuel (NBA Suns) and Penn National Gaming/Barstool Sportsbook (Phoenix Raceway), both of which gained approval Monday, Sports Handle reported.

BetMGM has two partners in Arizona, the NFL’s Cardinals and Gila River Casinos. A BetMGM spokesperson said the approval is “specific to BetMGM, but it enables us to continue to pursue plans with both” the Cardinals and Gila River Casinos.

BetMGM, along with FanDuel and Barstool Sportsbook, will be able to allow customers to create and fund accounts at 12:01 a.m. Saturday. They’ll be able to market to potential customers at that time as well. FanDuel also has approval to go live as a daily fantasy sports operator at the same time.

“It is an exciting day here at BetMGM to get the official sign-off to launch on day one of sports betting in Arizona,” said BetMGM CEO Adam Greenblatt via press release. “Through our partnerships with Gila River and the Arizona Cardinals, as well as the benefits of being connected to MGM Resorts properties nationwide, we have many exciting things in store for sports fans in Arizona.”

Status of DraftKings, Caesars, Bally’s unknown

According to the Arizona Gaming Department, it received 26 applications for 20 event wagering licenses. Those licenses will be split evenly between professional sports teams/franchises and tribes, meaning that six tribes will be left out of the mix.

On the sports team/franchise side, the ADG said it got 10 applications, though there are only seven teams/franchises that clearly meet the criteria. The ADG has not released a list of applicants, but three other teams have announced partnerships: the MLB Diamondbacks and Caesars, the WNBA Mercury and Bally’s, and TPC Scottsdale and DraftKings. The NHL Coyotes had plans to apply, but have not announced a partner.

On the tribal side, the ADG said it would let those who made the first cut know by mid-August before applying a list of 19 criteria to determine which 10 tribes would get licensed. Industry sources told Sports Handle that PointsBet (Yavapi-Apache Nation) had made that cut, but no other operators or tribes have announced their current status.

According to its press release, BetMGM has plans to open retail sportsbooks at three Gila River casinos and State Farm Stadium.ShareTweetShare

Jill R. Dorson

Jill R. Dorson

Jill has covered everything from steeplechase to the NFL and then some during a more than 30-year career in sports journalism. The highlight of her career was covering Oakland Raiders during the Charles Woodson/Jon Gruden era, including the infamous “Snow Bowl” and the Raiders’ 2003 trip to Super Bowl XXXVII. Her specialty these days is covering sports betting legislation across the country.

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